186 James Street
Ottawa Centre, ON
- 10,000 sqft
- Investment
- 293 days on market
Beautifully restored 11-unit multi-family building in the heart of Ottawa, fully leased and income-producing from day one. New Build Quality Without New-Build Risk: In a central area with limited new supply, this fully modernized, turn-key property delivers near-new-build quality without the cost or risk of new construction. Capital Improvements (2015): New boiler; Roof replacement; Addition of air conditioning; & Installation of common laundry room. A turn-key investment, fully modernized with minimal near-term capital requirements and strong tenant retention. Well-appointed suites finished with durable materials that marry historic character with contemporary livability-engineered for sustained rental performance. Daily conveniences including grocery, pharmacy, and fitness are moments away, while major federal and municipal employment hubs anchor consistent demand. Seamless access to Highway 417, key arterials, and transit ensures connectivity across the city. A walkable, centrally positioned urban setting-bordered by Chinatown, Elgin Street, and the ByWard Market-drives tenant retention and long-term occupancy.
Listing Details
- Taxes (2025)
- $15,965
- Listed
- November 13, 2025
Price History
Property
- Lot Size
- 42 x 109 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Bay Street
- Zoning
- R4UD[479]
- Parcel Number
- 041210248
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Business Type
- Apts - 6 To 12 Units
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area K1R
- Population
- 20,343
- Private dwellings
- 12,836
- Median age
- 36
- Average household size
- 1.7
- Median household income
- $74,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Ottawa Centre · last 12 months
- Median sold price
- $450,000
- Homes sold
- 371
- Median days on market
- 32
- Sale-to-list price
- 97.1%
Based on 371 recorded sales of commercial properties in Ottawa Centre over the last 12 months.
Listed by
DISTRICT REALTY CORPORATION
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 10,000 sq ft
- Price per sq ft
- $319.50
- Annual property tax
- $15,965
- Tax per sq ft
- $1.60
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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